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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (1551)	4/12/1999 9:13:00 PM
From: porcupine --''''>	Read Replies (1) of 1722

Chinese airlines have signed an agreement to buy 10 BOEING CO 737s worth $400 mln from the U.S. aircraft maker, the official Xinhua news agency said. The planes would be delivered after 2001, Xinhua said. Air China ordered four aircraft, Xiamen Airlines, Hainan Airlines and Wuhan Airlines ordered two each, it said. China had pledged to buy the aircraft during a visit by U.S. President Bill Clinton last June, Xinhua said. It said China has bought or leased more than 360 Boeing and McDonnell Douglas planes since 1972. It gave no further details. (Reuters 05:56 AM ET 03/29/99) BOEING CO said it is taking another step to slash costs and stanch losses at its commercial airplane division by implementing simpler methods to configure and produce commercial airplanes. The world's largest aerospace firm said it is integrating four commercial software programs to replace more than 450 computing systems. Boeing said the new system, which it calls Define and Control Airplane Configuration/Manufacturing Resource Management, will eventually become its single source of data for airplane production.

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